Evercore ISI analyst Steve Sakwa maintained a Buy rating on Corporate Office Properties (NYSE:OFC) Trust on Friday, setting a price target of $34, which is approximately 25.37% above the present share price of $27.12.
Sakwa expects Corporate Office Properties Trust to post earnings per share (EPS) of $0.38 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Corporate Office Properties, with an average price target of $33.
The analysts price targets range from a high of $34 to a low of $32.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $164.41 million and a net profit of $42.56 million. The company's market cap is $3.05 billion.
According to TipRanks.com, Evercore ISI analyst Steve Sakwa is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.7% and a 63.46% success rate.
Corporate Office Properties Trust, Inc. is a real estate investment trust, which acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded in 1988 and is headquartered in Columbia, MD.